Three directors of Financial Planning and wealth management group AFH have resigned today as the £232m sale of the business went through.

Wealth manager Quilter has completed the rebrand of its UK investment platform to the Quilter name. 

One of the founders of rapidly growing Financial Planning firm Independent Wealth Planners (IWP) is behind the takeover today of Financial Planning and investment group Tavistock for £40m.

Wealth manager Fairstone, which incorporates a major Chartered Financial Planning business, has fully acquired East Midlands-based Sterling Asset Management, adding 1,000 new clients.

Wealth manager St James's Place says gross inflows for the first five months of 2021 are set to be 23% up on the same period in 2020.

Mattioli Woods has acquired a private equity firm and a major Financial Planning business in a £110m deal.

Wealth manager Walker Crips has boosted its Financial Planning division with a raft of hires for its new Southampton office.

The £232m takeover of Financial Planning-led wealth manager AFH Financial Group has been given the green light by the FCA.

Bill Vasilieff, CEO of £9bn platform Novia, will exit in June following the takeover of the business by private equity firm AnaCap Financial Partners.

GWM Financial Planning has changed its name to Skybound Wealth Management following its acquisition by Skybound Capital in April.